Swing Trade Idea for CADCHF Long.
Chart pattern observed: Inverted Head and Shoulders. Saw it like in a second. Now the Left Shoulder and Head has been formed, now for the Right Shoulder to be formed. This is a slow moving pair but pays out well. This will take a very long time to play out. But patience pays. Price is pushing from demand on the weekly.
From the...
An inverse head and shoulders seems to be in the makings for Fetch.AI FET/BTC.
The volume has been steadily increasing since appx. March 17.
Long if 4H price closes above ~5486 satoshis.
Invalidated below 4980 sats, set stop/loss here.
****UP**** towards target of the Weekly Inverse Head & Shoulders pattern (target around $4.8k)
***OR****
****DOWN**** towards the bottom of the ascending triangle (at around $3.7k), and possibly even lower to retest the 200 Weekly Moving Average creeping up at around ~$3.4k.
The following few days will tell us.
April should be an interesting and volatile month.
This is a simple break and retest trade.
- We have a 4hr candle close above the resistance zone.
- Wait for a pullback and a retest of this zone.
- Wait for a rejection on the 1 hour or 30 min chart.
- Wait for price confirmation either an engulfing bar or pinbar.
- Buy
- TP1 – 111.05
- TP2 – 111.64
- (This move to the upside then would create an inverted...
50% of target has already been completed, this is for my own journalling purposes only. I've already trailed my stop to break even. As always, constructive criticism is welcome.
I'd like to confess that this choppy market is proving difficult to trade. Many conflicting indicators on both the bearish and the bullish sides!
I've covered the bearish scenario in my previous posts in the past few days. And I'm still leaning bearish.
However, as a non-biased trader, I'd like to look at a potential bullish scenario today:
I see a messy, yet...
Cardano (ADA) is looking very bullish on daily to test the neckline of the inverse Head and Shoulder formed over past several days and is heading close to the moment of truth.
Ichimoku setup bullish on daily as price broke out of the cloud and lagging line comfortably above price candles and cloud
Once resistance is crossed on a daily candle close, the...
BITCOIN (BTC)
23 MARCH 2019
HOW TO UNDERSTAND THE MARKET ?
Mena’hem SULTAN :
BITCOIN (BTC) is sleeping between $3900 to $4050 since a week already,
sometimes jump to the resistance then hit the support and sleep.
Why ?
What are these moves BTC is making and how we can trade ‘em ?
here’s a 4 hour chart graph
BTC is basically jumping from range to range,...
Finally seeing some price action to break the long awaited break of a weekly and H4 inverse head and shoulder.
The head of the H4 inverse head and shoulder is the right shoulder of the weekly inverse H&S.
1st target is CAM S5 and a major resistance fractal.
If this chart helped at all, leave a like or follow.
I would love any feedback/advice about my chart to...
US Dollar hit this week from the Brexit headlines but now has a great entry to continue the re-test of previous highs. Have a tight stop loss so we can find another entry later when Brexit dies down (hopefully..)
Bullish Confluences:
- Possible bounce from 38.2% fib retracement
- Price is on the neck-line of the inverse head and shoulder
- Possible failed...
Awaiting completion of a what looks to be a very nice inverse head and shoulders for NYSE:PFE .
Notes:
Bullish TA outlook - PFE broke out of a long-term head and shoulders recently, which is clearly visible on the weekly chart
Buy Rating - 10 analysts cover NYSE:PFE . 5 Buy recommendations and 5 Hold recommendations. This has improve gradually over the past...
BEML has just broken its neckline and also breaking out of the upper band of the BAND-BOLLINGER
we can expect a price target of 1290 on the stock with the current formation.!! stop loss below the neckline.
